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Mar 8, 2013
03/13
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the first question that i have for you is obama care will save on healthcare costs fact or fiction? >> that is fiction. the reason that's fiction is because we already know that we are projected out, total healthcare costs according to the center for medicare and medicaid services it will be over $4 trillion in 10 years. it is over 3 trillion now. it used to be 256 billion in 1980. it is continuing to rise despite obama care. it is not controlling costs. how can it when you consider our insurance policies are front loaded to cover all preventative services you don't have deductibles you don't have co-pays there's no brakes on the system everybody is using more and more healthcare. it's expensive. >> the congressional budget office says it will be twice as much as the original price tag. >> it is an out of control situation. all of these regulations may bring down the costs a little but the overall problem has not been addressed. second question for you fact or fiction if you get to obama care is not a socialized medicine. there's been a lot of confusion with this one. >> i would sth
the first question that i have for you is obama care will save on healthcare costs fact or fiction? >> that is fiction. the reason that's fiction is because we already know that we are projected out, total healthcare costs according to the center for medicare and medicaid services it will be over $4 trillion in 10 years. it is over 3 trillion now. it used to be 256 billion in 1980. it is continuing to rise despite obama care. it is not controlling costs. how can it when you consider our...
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, there is no -- field, there is no reason that a person with public sector job can have a lifetime healthcare and dental care system. neil: they could make a move to 401(k) type plans, grandfather them in, even with new workers but even that gets rejected by unions. i cannot imagine giving the choice of commenting to a new program like that for new workers, or seeing those other benefits wiped out. >> this is -- this is the very core of the democratic base. our government workers, and not just federal workers, in washington that our focus, but in the states, this is how democrats get elected, so it is a quid pro quo, you can't blame the unions for getting all they can, you can blame politicians for giving it to them, look at them side by side comparison, private sector unions, their contracts are different because they are beholden to market forces, if your company fails, you are not paying your workers, and federal government, have an endless the source of cash. neil: and private sector benefits went by the way of the doe-doe bird long time ago. >> thank you, neil. neil: and former nyse chai
, there is no -- field, there is no reason that a person with public sector job can have a lifetime healthcare and dental care system. neil: they could make a move to 401(k) type plans, grandfather them in, even with new workers but even that gets rejected by unions. i cannot imagine giving the choice of commenting to a new program like that for new workers, or seeing those other benefits wiped out. >> this is -- this is the very core of the democratic base. our government workers, and...
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Mar 8, 2013
03/13
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another good thing is the healthcare industry. it continued to add jobs in february at a gain of 32,000. that's good news too. we know that healthcare has been something sticking in there. employment continued to trend up in the retail trade where there was an increase of 24,000. and if you start to dig down in the numbers beneath that there are some good signs as well. that's a key number because as that number starts to tick higher, that's a precursor of when you will really see other companies start to add additional workers because what they do first is try to squeeze more out of the workers they already have, offer them overtime, and when they can't squeeze out more, they start adding more jobs. so this number, the lowest we've seen since december of 2008. and wall street, this came as a bit of a surprise, we were only looking for a gain of 160,000. and that's why the futures indicate it's sharply higher. right now looks like we're going to open at about 90 points higher. you saw the dow closing as a record level every day th
another good thing is the healthcare industry. it continued to add jobs in february at a gain of 32,000. that's good news too. we know that healthcare has been something sticking in there. employment continued to trend up in the retail trade where there was an increase of 24,000. and if you start to dig down in the numbers beneath that there are some good signs as well. that's a key number because as that number starts to tick higher, that's a precursor of when you will really see other...
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Mar 7, 2013
03/13
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care net service has nanny companies to deal with the costs the new costs coming under the healthcare law. registered nurse sitting at her home somewhere and you call into your insurance company my throat is sore i have got a headache what do i do do i go to the er? do i need to go to the director? >> it is a way to cut costs for companies but you can get a job out of it. some of the jobs will be at the headquarters in san antonio, texas. also they need hr marketing and finance folks. you are evaluating those systems. inc magazine called them one of the fastest growing companies. they reached out to us at fs job hunt at foxnews.com. we are getting a lot of results. >> themselves voted one of the best places to work. >> that's good news. >> java juice. >> i know you drink it. >> 3500 summer jobs. they had national hiring day on tuesday. they are lacking for those kids that want to come in. you need a summer job especially college kids come into jamba juice. you make 8 bucks per hour. a lot of those jobs do become regular full-time jobs or at least full-time salary hourly position jobs.
care net service has nanny companies to deal with the costs the new costs coming under the healthcare law. registered nurse sitting at her home somewhere and you call into your insurance company my throat is sore i have got a headache what do i do do i go to the er? do i need to go to the director? >> it is a way to cut costs for companies but you can get a job out of it. some of the jobs will be at the headquarters in san antonio, texas. also they need hr marketing and finance folks. you...
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Mar 7, 2013
03/13
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the goals were to modernize iraq's electrical grid, rebuilding healthcare, and an army pretty much from scratch. a report released this week found out while some progress was made, the results didn't justify the amount of money spent. out of the $60 billion total, the u.s. inspector general found at least $8 billion was wasted. another $1 billion is believed to have been lost to fraud, corruption or money landering. at his defense hearing, chuck hagel talked about it. >> they've come up with billions and billions and billions of dollars that are unaccounted for. corruption, fraud, waste, abuse. it really is quite astounding, but when you think about the universe of money that went into both those wars, no one should be surprised. >> the 171-page report is full of examples of poor planning and poor execution. this waste water treatment plan in fallujah tripled to $108 million. when it gets hooked up to the city next year the price tag will be $195 million. this bridge was destroyed, the u.s. tried to rebuild the pipe lines at a large cost. but the project was a failure. a second project
the goals were to modernize iraq's electrical grid, rebuilding healthcare, and an army pretty much from scratch. a report released this week found out while some progress was made, the results didn't justify the amount of money spent. out of the $60 billion total, the u.s. inspector general found at least $8 billion was wasted. another $1 billion is believed to have been lost to fraud, corruption or money landering. at his defense hearing, chuck hagel talked about it. >> they've come up...
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Mar 4, 2013
03/13
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re-election in the second term, he's no doubt thinking about his legacy, and no matter he can accomplish on healthcare reform orb immigration reform or gun -- all of those things won't matter if he can't get this done, and he knows that better than anyone. >> the russian nuclear arsenal, whose hands are these weapons now in? >> they continue to be under military karocontrol, but it's really the russians that would be cause for concern. it can be a country like pakistan, where they are deeply infiltrated throughout their government with al qaeda and al qaeda affiliates. that's what keeps people up at night. >> but the breakup of the old soviet union, has that done anything to disperse who olds weapons under control. >> no. through the luger act they did a lot of clean up in the earl '90s when the vosoviet union broke apart. e with look at the former soviet republics and how, as we were saying, potatoes were guarded better than this uranium. scary. >> that is really scary. >> that is frightening. >> and nonproliferation advocates, it's not a partisan divide. the nonproliferation community is a mix of se
re-election in the second term, he's no doubt thinking about his legacy, and no matter he can accomplish on healthcare reform orb immigration reform or gun -- all of those things won't matter if he can't get this done, and he knows that better than anyone. >> the russian nuclear arsenal, whose hands are these weapons now in? >> they continue to be under military karocontrol, but it's really the russians that would be cause for concern. it can be a country like pakistan, where they...
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Mar 6, 2013
03/13
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that's followed by the economy and jobs education and healthcare. >> john heilemann, let's talk, john heilemann, about your next book. bush 2016. i think this may have to be the opening scene of jeb bush getting out of a cab on a dark morning and walking into the today show and announcing he's changed his mind. the second i heard it, i said, the game change boys better get an interview with him. this to me seems to be the greatest sign that jeb bush is looking to run in 2016. what are you thinking? >> well, he is certainly -- it was certainly surprising to hear some of the things he was saying on television yesterday on the today show and this show and elsewhere. there's a ton of speculation about what he might do in 2016. there's no one as talented as the republican bench is right now and as much as people talk about bobby jindal and chris christie and others, that he is certainly the giant among them. he doesn't have quite the status in the party that hillary clinton does in terms of being a front runner if he were to get in, but there's no question that he's not if not head and sho
that's followed by the economy and jobs education and healthcare. >> john heilemann, let's talk, john heilemann, about your next book. bush 2016. i think this may have to be the opening scene of jeb bush getting out of a cab on a dark morning and walking into the today show and announcing he's changed his mind. the second i heard it, i said, the game change boys better get an interview with him. this to me seems to be the greatest sign that jeb bush is looking to run in 2016. what are you...
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Mar 8, 2013
03/13
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i want to go in the numbers just a little bit. 28,000 jobs created in juxta, 32,000 in healthcare. 10,000 in retail. the negative number was 10,000 jobs lost in government. so the private sector job creation -- the overall number was 236. one thing last month, was revised downward but not enough to take the shine off of this. >> brian, what do you think the market will do today? there's no telling, right? >> yeah, there's to telling. i think right now, it's one of the things that you don't get in the way of a freight train, and you get in data, forget about the fed and all this easy money, you get a data point. right now we would open another 90 points plus. it would have to probably be some significant news to reverse it. so it looks like we're still chugging forward. i know you guys have been talking about the average person who's been watching the show, they don't want to get burned at the top again, and you have no idea if it's going to go much further from here. >> a lot of investors are still on the sidelines so that's one of the many reasons why the fundamentals of this rally, desp
i want to go in the numbers just a little bit. 28,000 jobs created in juxta, 32,000 in healthcare. 10,000 in retail. the negative number was 10,000 jobs lost in government. so the private sector job creation -- the overall number was 236. one thing last month, was revised downward but not enough to take the shine off of this. >> brian, what do you think the market will do today? there's no telling, right? >> yeah, there's to telling. i think right now, it's one of the things that...